Govt to start work on five new economic corridors: Ahsan
Islamabad: Minister for Planning, Development and Special Initiatives, Ahsan Iqbal has directed to expedite the implementation on CPEC project as no further hindrance will be...
We wants larger, long term loan program from IMF: Finance Minister
Islamabad: Federal Minister Finance Muhammad Aurangzaib has said that there is no hurdle in the last tranche of existing loan program from the IMF. Talking...
SDPI reports Rs567B loss as cigarette makers influence policymakers
Islamabad: Cigarette consumption is increasing in developing countries and Pakistan is no exception and has witnessed an upsurge in recent years and instead of generating...
Pakistan completes all target for last tranche from IMF
Islamabad: Pakistan has completed all the targets for last tranche from the International Monetary Fund (IMF). As per the declaration issued by the ministry of...
Gold rates dip by Rs.1,800 to Rs 228,300 per tola
ISLAMABAD: The per tola price of 24 karat gold in the local market decreased by Rs.1,800 and was traded at Rs.228,300 on Wednesday. The price...
Rupee gains 29 paisa against dollar in inter-bank market
ISLAMABAD: The Rupee on Wednesday gained 29 paisa against the US dollar in the inter-bank trading and closed at Rs 278.78. The dollar decreased in...
PSX stays bearish, loses 753 more points
ISLAMABAD:The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Wednesday, shedding 753.26 points, a negative change of 1.16, closing at 64,048.44 points....
2nd review of Stand-By Arrangement with IMF scheduled from tomorrow
Islamabad: The second review of Stand-By Arrangement with International Monetary Fund (IMF) is scheduled from tomorrow in Islamabad. This would be final review of Stand-By...
IMF review mission scheduled Visit for Pakistan on March 13.
ISLAMABAD: International monetary fund review mission has scheduled on March 13 to 15 for Pakistan As per details, the country’s newly sworn-in Finance Minister Mohammad...
PSX witnesses negative trend on the second day of business week
KARACHI: Pakistan Stock Exchange seen to be negative trend on the second day of business week. Pakistan Stock Exchange has lost the limit of 65,000...
Gold rates down by Rs.100 per tola
KARACHI: Gold price decreased by Rs.100 per tola to Rs.230,100. In the gold market gold rate down by Rs. 100 per tola to Rs. 230,100...
Banana and onion export banned till April 15, 2024
ISLAMABAD: The federal cabinet approved ban on export of banana and onion till April 15, 2024 The first meeting of the newly elected federal cabinet...
PSX witnesses mix trend on the first day of business week
KARACHI: Pakistan Stock Exchange seen to be mixed trend on the first day of business week. On the first day of business week, Pakistan Stock...
Experts advocate 26% FED Increase to Combat the Unseen Toll of Smoking
Islamabad – In the midst of the celebrations marking achievements and progress on this Women’s Day, a somber reality remains concealed— the burdensome cost of...
Dollar rate increase by 4 paisa in Interbank
KARACHI: In the currency market dollar price increased by 4 paisa in Interbank while in open market dollar value decreased by 7 paisa. Dollar rate...
We don’t have any system for controlling prices: Maryam Nawaz
Lahore: Chief Minister Punjab Maryam Nawaz has said that we don’t have any system for controlling the prices of various goods. Maryam Nawaz said that...
SBP issues public dealing timings of all banks for holy month of Raman
Karachi: The State Bank of Pakistan on Monday, today issued timings of all the banks during the holy month of Ramzan the mostly likely to...
Sindh govt claims over action against profiteers prove to be claim as vegetables, fruit prices cross limits
Karachi: All the tall claims of Sindh government over controlling the inflation and actions against profiteers remained claims as the storm of inflation flown everything....
Gold rates stay constant at Rs 230,200
ISLAMABAD:The per tola price of 24 karat gold in the local market remained constant Rs 230,200 on Monday today, the All Sindh Sarafa Jewellers Association...
Experts Call for FED increase on Tobacco to Help Economy and save lives
Islamabad: The Society for the Protection of the Rights of the Child (SPARC) advocates 26 percent FED increase on cigarettes to bridge the gap between...
Before holy month of Ramzan vegetables, fruits prices skyrocketed in Karachi
Karachi: The prices of vegetables and fruits skyrocketed before the commencing of holy moth of Ramazan in Karachi. The prices of lemon became Rs 500...
Gold rate up again by Rs. 1600 per tola
KARACHI: The gold price increased again in Pakistan by Rs. 1600 per tola to Rs. 230,200 In the gold market, the rate of gold up...
Gold rates up by Rs 450 per tola to Rs 228,600
ISLAMABAD: The price of per tola 24 karat gold increased by Rs 450 and was sold at Rs 228,600 on Friday. The price of 10...
PSX showed mix trend with decrease of 53 points
KARACHI: Pakistan Stock Exchange witnessed mixed trend on the fourth day of business week. In Pakistan Stock Exchange on the fourth day of business week...
Moody’s change its outlook on Pakistan’s banking sector from “negative” to “stable”
ISLAMABAD: In a positive sign for the Pakistani economy, global rating agency Moody’s has revised its outlook for the country’s banking sector from negative to...
Minimum Nisab set at Rs 135,179 for Zakat deduction
ISLAMABAD: In continuation of its efforts to facilitate Zakat collection and distribution in accordance with Islamic principles, the government has announced the Nisab-i-Zakat for the...
PIDE calls for uniformity in taxing cigarettes
Islamabad: Health experts and anti-tobacco activists urge the government to harmonize cigarette taxes with WHO guidelines to protect the country’s youth from falling victim to...
CM directs Discos against electricity load-shedding during holy month
Karachi: Chief Minister Sindh Murad Ali Shah has directed the electricity distribution companies to not carry out load-shedding during Sahar and Iftar timings. The development...
SSGC issues gas supply schedule for Ramazan
KARACHI: The Sui Southern Gas Company (SSGC) has announced a “load-shedding marred” gas supply for the holy month of Ramzan. In a statement, the SSGC...
Per tola Gold increases by Rs 2,750
ISLAMABAD: The price of per tola 24 karat gold increased by Rs 2,750 and was sold at Rs 228,150 on Thursday. The price of 10...
PM directs to expedite process of privatization
Islamabad: Prime Minister Muhammad Shehbaz Sharif has directed to expedite the process of privatization. Presiding over a high-level meeting in Islamabad today to review privatization...
Govt hikes passport fees from March 7
Islamabad: The government has increased the fees obtaining the passport. The fees of normal, urgent, 10-year urgent have been increased.The new fees will be applied...
Dollar devalues in open market by Five paisas
ISLAMABAD: The Rupee on Wednesday weakened by 04 paisa against the US dollar in the interbank trading and closed at Rs 279.35 against the previous...
Mixed trend grips PSX today
Karachi: Mixed trading witnessed at the Pakistan Stock Exchange (PSX) on the third of the business week. The market closed at 65,656 after reduction of...
Gold rates up by Rs 1,500 per tola to Rs 225,400
ISLAMABAD: The price of per tola 24 karat gold increased by Rs 1,500 and was sold at Rs 225,400 on Wednesday. The price of 10...
PSX witness negative trend, drops 225 points.
KARACHI: Pakistan Stock Exchange experienced negative trend on the second day of business week. On the second day of business week, Pakistan Stock Exchange seen...
Gold prices in Pakistan experience another huge increase
KARACHI: The gold price increased once again by Rs. 2700 to Rs. 223,900. In the gold market , Gold rate increased by Rs. 2700 per...
PSX gains 681 points to cross 66,000-mark
KARACHI: The Pakistan Stock Exchange market continues trending upward as 100-index increased by 681 points. On the first day of business saw a bullish trend...
Gold prices in Pakistan see record increase
KARACHI: The gold prices in Pakistan experienced a huge increase of Rs 900 to Rs. 221,200 per tola Gold rates increased again in Pakistan, the...
US dollar value increase by 7 paisa in interbank
KARACHI: In interbank the U.S dollar up by 7 paisa against Pakistani rupee. In the currency market the dollar rate increased by 7 paisa to...
Karachi to face gas load shedding over sudden stoppage of 50 MMCFD gas from Naimat Basal Field: SSGC
Karachi: Sui Southern Gas Company (SSGC) has faced ubrupt scarcity of gas of up to 50 MMCFD. As per the spokesperson of the SSGC due...
Govt should prioritize increasing taxes on cigarettes to reduce the health cost burden and economic crisis
Islamabad: The government should prioritize increasing taxes on cigarettes to reduce the health cost burden and economic crisis said Malik Imran Ahmad, Country Head of...
Major increase in gold rate Rs. 3500 per tola.
KARACH: Gold rates in Pakistan record increased by Rs. 3,500 per tola to Rs. 220,300. The pre tola price of gold increased by Rs. 3500...
IMF Demands to increase tax burden on salaried and non-salaried class
ISLAMABAD: The International Monetary Fund (IMF) has demanded a reduction in tax slabs along with increasing taxes on the salaried and non-salaried classes. The IMF...
PSX turns bullish, gain 875 points
KARACHI: Pakistan Stock Exchange (PSX) witnessed a bullish trend on the fourth day of business week. The Pakistan Stock Exchange (PSX) was bullish on the...
Gold becomes expensive again in Pakistan.
KARACHI: The gold rate experienced an increased of Rs. 900 in Pakistan, after a significant decrease. The gold price increased by Rs. 900 per tola...
Per tola Gold price increases by Rs 100
ISLAMABAD: The price of per tola 24 karat gold increased by Rs 100 and was sold at Rs 215,900 on Tuesday, today. The All Sindh...
PSX witnesses positive change as market gains 274 points in mid day trading
Karachi: A positive trend witnessed at the Pakistan Stock Exchange (PSX) on second day of the week on Tuesday, today as 274 points increased in...
US dollar climbs against Pakistani Rupee by 4 paisa.
KARACHI: American Dollar value increased by 4 paisa against Pakistani Rupee. In the interbank dollar value increased by 4 paisa to Rs. 279.40 , while...
Gold rates maintains upward trend in Pakistan.
KARACHI: The price of per tola gold increased by Rs 700 and was sold at Rs 215,800. On Monday, the gold market in Pakistan witnessed...